All users of this Website agree that access to and use of this Website are subject to the following terms and conditions.

Introduction

This Agreement defines the terms and conditions (the "Terms") between you (a "Funder/investor", "you") and FarmNet ("FarmNet", the "Company", "we", or "us") under which you agree to fund local farmers to cultivate farm plots through investing in projects by our website (the "Platform"). You must read through these Terms and Conditions carefully.

Company Overview

FarmNet's mission is to make farmers more productive and successful by connecting them with investors, consumers, and the latest technology. We will implement a chain of supplies of fresh consumables farmed products while ensuring food safety and environmental sustainability.

Legal and Information

FarmNet is a limited company registered in Bangladesh. FarmNet is an Agro-Technology company providing innovative and digital solutions for its users and connecting investors and farmers to gain funding in promoting technology-enhanced sustainable agriculture.

Joining Terms

Membership can be availed at any time by signing up from the FarmNet website (farmnet.asia). If you are an investor, you can join FarmNet by investing in our upcoming projects. If you are a farmer, you can join FarmNet as a partner lending your land on a profit sharing basis.

Access and Use

The Medium and Website is, at all times, subject to our Website Terms of Use. Your username and password provide secure access to the FarmNet Platform. These login information and credentials are unique to you and are the direct method of securely recognizing you when providing our Services to you. Therefore, you must keep your login information secure at all times. If you suspect that your secured access to the Platform has been compromised in any way, you must reach us. You guarantee that you will only use our Platform for the objectives set out in these Terms. You certify that you will not attempt to gain unauthorized access to the Website or Platform's protected areas. Furthermore, you will not try to use code or software to exploit or automate functions available on the Website. You understand that we may keep your IP address information and monitor your use of the Website according to our cookie policy. Access to the website or platform may be restricted at the discretion of the Company, particularly during periods of maintenance and updating. We have the freedom not to act on your instructions, including where we believe that your instruction was not adequately clear, or we could not verify your identity to our satisfaction, or you did not make the instruction, or we accept that the instruction may be related to unlawful activity.

Anti-Money Laundering

If we discover that the Platform is being used to launder money or for any questionable trades. We have an obligation to report you/your activities to the relevant authorities without consulting you.

Terms and Termination

Except as otherwise terminated following the requirements below, these Terms shall start on the date you register to fund a farm with the Company and shall remain valid and compulsory for as long as you have outstanding funded agriculture cycles. Any amended Terms may supersede these Terms. You may terminate these terms if you have no exceptional funded farming cycle. Notice of termination must be provided in writing to [email protected]. The Corporation may remove these Terms at any time without notification.

Privacy

You must confirm that you have read and understood the Company's Privacy Policy. FarmNet website may use cookies to enhance the User experience. User's web browser places cookies on their device for record-keeping purposes and sometimes generates and tracks information about them. Users may choose to fix their web browser to refuse cookies or alert you when cookies are being sent. If so, note that some parts of the Site may not function properly. The Company may amend and revise this policy from time to time.

Indemnity

You agree that the Company has no obligation to reimburse or indemnify you for any cost, loss, or liability that you incur due to the failure of a farm to yield according to expectations. If you share your personal information with others and change your information on the Website or do a suspicious activity, you will be liable for the acts.

Conflict Resolution of FarmNet

This agreement shall be interpreted and controlled by the laws enforced in Bangladesh. Any controversy arising out of this agreement, which cannot be settled by mutual agreement through negotiation within 30 days shall be passed to a third party of choice.

Applicable Law

This agreement shall be interpreted and controlled by the laws enforced in Bangladesh.

Refund Policy of FarmNet

If the project is at risk or fails, there is an opportunity to provide financial assurance to the investors through mutual consultation, giving priority to investment. Refund amount can be transferred through Bank-to-Bank transaction or investor preferred method.FarmNet ensures efficient utilization of fund on the specific project the investor has selected. However, if the project is delayed or interrupted due to any unavoidable circumstances - the 'Board of Director' should hold the right to allow the fund to transfer into any other suitable project in order to ensure the timely return of the investor's investment.

Alternative investment

For any circumstances, if the investor likes to refund their investment before the due date to complete the project - the investors will not be eligible to get the projected interest applicable against the principal. However, a full refund will be transferred back to the investor's bank account after deducting a maximum of 2.5% service charge.

Contact Us

Questions regarding this Terms and Policy Agreement, or comments about the Site or its contents should be directed to [email protected] or contact us.